Candescent Named a Leader in IDC MarketScape: North America Retail Digital Banking Solutions 2025-2026 Vendor Assessment

ATLANTA--(BUSINESS WIRE)--Candescent, the leading cloud-native Intelligent Banking platform powering innovation across fintech and banking, announced today it’s been named a Leader in the IDC MarketScape: North America Retail Digital Banking Solutions 2025-2026 Vendor Assessment.* The IDC MarketScape evaluates vendors on strategy and capabilities, providing financial institutions with insights to guide digital transformation initiatives.

According to the IDC MarketScape, “Candescent, formerly the digital banking business of NCR Voyix and now backed by Veritas Capital, delivers one of the largest digital banking platforms serving U.S. community banks and credit unions.” The report also noted, “Scale is a defining characteristic: The company supports more than 1,300 institutions and nearly 30 million end users.”

The report cited several strengths for Candescent, including:

• Comprehensive platform: DI and D3 together provide API-driven, microservices-based architecture with open APIs and extensibility for consumer and business banking.
• Flexibility and customization: Solutions can be deployed on premises or in the cloud, scaling from smaller institutions to large enterprises. Institutions can add or tailor functionality as needs evolve.

"Candescent’s position in the Leaders Category reflects its ability to deliver scalable, flexible, and modern digital banking solutions that meet the evolving needs of financial institutions across North America," said Marc DeCastro, Research Director, Consumer Banking Digital Strategies, IDC FinTech Rankings. “By combining the strengths of platforms like Terafina, Digital Insight, and D3 with a cloud-native, API-driven architecture, Candescent is well-positioned to support institutions of all sizes as they navigate modernization, enhance customer engagement, and accelerate digital transformation."

"We believe this recognition from the IDC MarketScape validates both the progress we’ve made and the foundation we’ve built for what comes next," said Brendan Tansill, CEO of Candescent. "Over the past year, we have unified our technology, teams, and clients around a single Intelligent Banking platform built to deliver stronger performance, reliability, and secure, human-centered experiences. We are investing in innovation, talent, and platform resilience to deepen trust and strengthen the value we deliver to our clients and their communities. Intelligent Banking is not just our vision for the future—it’s taking shape today, raising the standard for experience, trust, and service across the industry.”

Candescent’s platform helps banks and credit unions deliver modern digital experiences, from online and mobile banking to account opening, payments, card management, and marketing. It integrates seamlessly with a wide range of core systems, giving institutions the flexibility to move fast and scale confidently. Built on a cloud-native, API-first foundation, the platform enables smarter insights, stronger security, and more personalized service. With ongoing investment in AI—in capabilities such as analytics and conversational tools—Candescent helps institutions anticipate customer needs and deliver intelligent, trusted experiences across every channel.

By leading the shift from digital banking to Intelligent Banking, Candescent is helping financial institutions redefine how they create value through smarter ecosystems, deeper customer insight, and innovation that drives long-term transformation.

*Read the IDC MarketScape: North America Retail Digital Banking Solutions 2025-2026 (doc #US52039425, November 2025) excerpt here.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Candescent

Atlanta, Ga.-based Candescent is the leading cloud-native digital banking solutions provider for U.S. financial institutions. We enable clients to differentiate and grow by securely delivering innovative experiences in consumer and business banking, onboarding and sales, payments, servicing, and marketing and data. Candescent serves 1,300 banks and credit unions representing 30 million registered users. For more information visit www.candescent.com.

Web site: www.candescent.com

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